Machine Learning Perspectives of Agent-Based Models

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Machine Learning Perspectives of Agent-Based Models

Practical Applications to Economic Crises and Pandemics with Python, R, Netlogo and Julia

Economics, Finance, Business and Management Probability and statistics

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Collection: Mathematics and Statistics

Language: English

Published by: Springer

Published on: 18th August 2025

Format: LCP-protected ePub

ISBN: 9783031733543


Overview of Agent-Based Modeling and Multi-Agent Systems

This book provides an overview of agent-based modeling (ABM) and multi-agent systems (MAS), emphasizing their significance in understanding complex economic systems, with a special focus on the emerging properties of heterogeneous agents that cannot be deduced from the characteristics of individual agents.

Applications in Economics and Crisis Modeling

ABM is highlighted as a powerful tool for studying economics, especially in the context of financial crises and pandemics, where traditional models, such as dynamic stochastic general equilibrium (DSGE) models, have proven inadequate.

Practical Examples and Learning Integration

Containing numerous practical examples and applications with R, Python, Julia and Netlogo, the book explores how learning, particularly machine learning, can be integrated into multi-agent systems to enhance the adaptation and behavior of agents in dynamic environments. It compares different learning approaches, including game theory and artificial intelligence, highlighting the advantages of each in modeling economic phenomena.

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